AFRICA STORIES

Tonkolili set for expansion

While African Minerals may have gone off the radar after a collapse in March 2015, the iron ore asset it spent US$2.5 billion developing, Tonkolili, is set for an upgrade, according to reports.

Tonkolili, in Sierra Leone, struggled to get up to the 20 million tonne per annum rate in the past

Tonkolili, in Sierra Leone, struggled to get up to the 20 million tonne per annum rate in the past

Shandong Iron and Steel, which acquired the remaining 75% of the project it did not already own in 2015 after African Minerals got into financial turmoil, plans to put another $700 million into the Sierra...

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